Tech Company Financing Transactions
Pratt & Whitney Funding Round
Private investors participated in a $280 million funding round for Pratt & Whitney. The round closed on 7/28/2023.
Transaction Overview
Company Name
Announced On
7/28/2023
Transaction Type
Venture Equity
Amount
$280,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Jon Tester)
private investors (Lead Investor) (Susan Collins)
Proceeds Purpose
The Senate Appropriations Committee's full funding of the Engine Core Upgrade program, its addition of $280 million for future-generation propulsion technologies, and language prohibiting integration of an alternate engine on any F-35 variant are critically important,
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
400 Main Street
East Hartford, CT 06118
USA
East Hartford, CT 06118
USA
Phone
Website
Email Address
Overview
Pratt & Whitney, an RTX business, is a global leader in propulsion systems, powering the most advanced aircraft in the world, and we are shaping the future of aviation. Our engines help connect people, grow economies and defend freedom. Our customers depend on us to get where they're going and back again.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
David Porter
President
Shane Eddy
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